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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

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ROYAL COMMISSION - Banking Sector - Immediately

Posted by on in Political Blindness
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WITHOUT ANY FURTHER DELAY:

The banks must immediately FREEZE ALL PAYMENTS as they cannot profit from a fraud....their fraud......deliberately perpetrated on our citizens.  

In line with recent court decisions all the way to the HIGH COURT, the mortgages must be discharged immediately and Title Deeds handed back in 30 days.

Why? There are at least $57 billion worth of dirty loans in the banking system and insiders tell us the figure is double that.

Yes full docs are also a mess......APRA take note: due tot he fact you acknowledge you were asleep at the wheel, your figures are skewed as you also trusted the banks and not the people......

The Australian People are telling you the truth:

  1. THE GILLARD GOVERNMENT MUST BRING ON A  ROYAL COMMISSION INTO THE BANKING SECTOR with BROAD TERMS OF REFRENCE.
  2. THE ABBOTT OPPOSITION MUST CALL FOR ONE and TELL US THEY WILL HOLD A ROYAL COMMISSION IF ELECTED TO POWER.
  3. WE ARE THE PEOPLE AND THE OFFICE OF PRIME MINISTER MUST USE ITS POWERS TO PROTECT ITS CITIZENS FROM RUTHLESS BANKERS AND FRAUD IN LENDING BY THE MAJOR BANKS and 32 others.
  4. THE GOVERNMENT, TREASURY NOW SUITABLY INFORMED, MUST DELIVER A REMEDY ACCEPTABLE TO THE PEOPLE: STARTING WITH A FREEZE ON ALL PAYMENTS, PENDING THE FINDINGS OF THE ROYAL COMMISSION.

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If you have a FULL DOC loan please check to see you have a copy of Loan Application Form in your file and IF NOT ring your bank (customer relations) today and demand a copy - for your files - and you are entitled to a copy as it contains your signature......

 

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  • Denise
    Denise Sunday, 26 August 2012

    Judges ruled in favour of the Borrower - so the Banks are to hand back title deeds to Borrower
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  • doyla66
    doyla66 Sunday, 26 August 2012

    who has the power to freeze the loans pending investigation? Is it FOS or the banks?

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